Mathematics, 15.12.2021 19:20 datbih12345
Trevon invests a sum of money in a retirement account with a fixed annual
interest rate of 3% compounded 2 times per year. After 20 years, the balance
reaches $14,109.44. What was the amount of the initial investment? *
$7,778
$7,776
$8,887
$8,777
Answers: 2
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Trevon invests a sum of money in a retirement account with a fixed annual
interest rate of 3% comp...
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